Force Majeure Circumstance definition

Force Majeure Circumstance. ’ means in relation to the C Shares (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable; (ii) the issue of any proceedings challenging, or seeking to challenge, the power of the Company and/or its Directors to issue the C Shares with the rights proposed to be attached to them and/or to the persons to whom they are, and/or the terms upon which they are, proposed to be issued; or (iii) the giving of notice of any general meeting of the Company at which a resolution is to be proposed to wind up the Company, whichever shall happen earliest; and

Force Majeure Circumstance means the existence of the following circumstances (that directly affects the corresponding party’s fulfilment of its obligations under the Contract).

Force Majeure Circumstance means, in relation to any class of C Shares:

Examples of Force Majeure Circumstance in a sentence

• If the Client has Force Majeure Circumstance, he/she shall be obliged to immediately (but no later than 10 calendar days) notify the Bank in writing thereon, otherwise, the Client shall lose the right to rely on the Force- Majeure Circumstance as on the grounds that releases from the responsibility for failing to fulfill the obligations.

• The Seller shall not be liable to the Purchaser for any loss or damage which may be suffered by the Purchaser as a direct or indirect result of the supply of Goods by the Seller being prevented, hindered, delayed or rendered uneconomic by reason any Force Majeure Circumstance.

• If the Client has Force Majeure Circumstance, he/she shall be obliged to immediately (but no later than 10 calendar days) notify the Bank in writing thereon, otherwise, the Client shall lose the right to rely on the Force-Majeure Circumstance as on the grounds that releases from the responsibility for failing to fulfill the obligations.

• In addition to her experience at national and international levels, she was elected as the Asia-Pacific spokesperson for Asia-Pacific non-governmental orgnasations during the World Conference on Human Rights in 1993 and later bestowed a "Human Rigths Award" by Human Rights Watch in 1994.

• Lack of necessary financial resources and/or default of any counterparty of a Party is not deemed a Force Majeure Circumstance.

More Definitions of Force Majeure Circumstance

Force Majeure Circumstance means, in relation to any class of C Shares: (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation and/or other circumstances which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable notwithstanding that the requirement in paragraph (i) of the definition of Conversion Calculation Date has not been satisfied;

Force Majeure Circumstance means the circumstance, which is beyond the control of the Parties, which resulted in the impossibility to perform obligations under the Agreement including: wars, revolutions, insurrection, civil disobedience, mass riots, other coups, civil commotion, sabotage, acts of terrorism, natural disasters, fires, earthquakes, floods, storms, hurricanes, epidemics and epizootics and other circumstances of insuperable force that neither Party can anticipate or prevent by reasonable measures. In particular violation of obligations on the part of counteragents, absence of goods required for performance, lack of monetary funds shall not belong to force majeure circumstances. “Functional Requirements” – requirements of the Public Partner to the Facility stipulated by Xxxxx 10. "Private Partner" - has the meaning given to it in the preamble to the Agreement.

Force Majeure Circumstance means, in relation to any C Shares, any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation and/or other circumstances which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable notwithstanding that the Directors have not announced that the C Share Portfolio has been to the satisfaction of the Board realigned in accordance with the Ordinary Share Investment Policy;

Force Majeure Circumstance means, in relation to any tranche of C Shares, any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation and/or other circumstances which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable notwithstanding that less than 85 per cent. (or such other percentage as the Directors may select as part of the terms of issue of such tranche) of the assets attributable to the holders of that tranche of C Shares are invested in accordance with the investment policy of the Company;

Force Majeure Circumstance means, in respect of a party, any circumstance or event which, despite using all reasonable endeavours, the party is unable to control, including any act of God, flood, fire, damage caused by lightning, storm or tempest, rains falling during normal dry seasons, industry wide strikes, or industry wide lockouts or other industry wide industrial disturbances, acts of war, civil disturbance or enactments of any Government Agency; or inability on the part of the Company to obtain raw materials from any anticipated source; or site conditions; or progress with building works; or any other cause whatsoever beyond the Company’s control;

Force Majeure Circumstance. ’ means in relation to the C Shares (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable; (ii) the issue of

Force Majeure Circumstance means a cir- cumstance beyond a Party’s control and which precludes performance of the Party’s obligations under the Agreement. Unless proven otherwise, war, acts of war, mobilisa- tion or general military draft, civil war, fire, flood or circumstances comparable thereto shall be deemed to be a Force Majeure Cir- cumstance;